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Changes to offshore trusts in the 2024 budget – no more protection

by Fusion | Nov 3, 2024 | Uncategorized

If you are non-domiciled, deemed domicile or even a UK domiciled individual who has settled or benefits from an offshore trust, the 2024 budget has introduced some drastic changes to the way that the trust will be taxed. The new budget will remove the concept of...

New UK Tax Rules – Foreign income and gains tax free for 4 years

by Fusion | Nov 3, 2024 | Uncategorized

So after months of speculation and waiting we’ve now had confirmation of the new UK tax regime for new arrivals which replaces the on non-dom system from 6 April 2025. Effectively non-dom status will be removed and replaced with a residence based system. This...

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Recent Posts

  • Why use a UK Trust? November 12, 2024
  • Inheritance tax on pensions – how your pension could be taxed at 67% (or worse) when you die November 11, 2024
  • Changes to offshore trusts in the 2024 budget – no more protection November 3, 2024
  • New UK Tax Rules – Foreign income and gains tax free for 4 years November 3, 2024
  • The Benefits of Establishing a Family Investment Company for Your UK Property Portfolio June 6, 2024

Recent Posts

  • Why use a UK Trust?
  • Inheritance tax on pensions – how your pension could be taxed at 67% (or worse) when you die
  • Changes to offshore trusts in the 2024 budget – no more protection
  • New UK Tax Rules – Foreign income and gains tax free for 4 years
  • The Benefits of Establishing a Family Investment Company for Your UK Property Portfolio

Fusion Partners LLP is a Limited Liability Partnership registered in England & Wales: No OC393548
Fusion Wills Ltd is a Limited Liability Company registered in England & Wales: No 09774931
Fusion Probate Ltd is a Limited Liability Company registered in England & Wales: No 12812577
Authorised by the Institute of Chartered Accountants in England and Wales to carry out the reserved legal activity of non-contentious probate in England and Wales.

Registered Office: 50 Mead Lane, Buxted, East Sussex, TN22 4AS
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